FIGS (NYSE: FIGS) director awarded 15,456 RSUs vesting after June 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marte Mario Jesus reported acquisition or exercise transactions in this Form 4 filing.
FIGS, Inc. director Mario Jesus Marte reported an equity compensation grant of 15,456 restricted stock units (RSUs), each representing one share of Class A Common Stock. These RSUs are his automatic annual grant under the Non-Employee Director Compensation Program.
The RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the next annual stockholder meeting after that date, contingent on continued board service. Following this grant, Marte holds a total of 86,046 Class A Common Stock shares and RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marte Mario Jesus
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,456 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 86,046 shares (Direct, null)
Footnotes (1)
- These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically on the date of the Issuer's 2026 annual meeting of stockholders. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of June 3, 2026 and (ii) the date of the Issuer's next annual meeting of stockholders following June 3, 2026, subject to the Reporting Person's continued service through the applicable vesting date. 15,456 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock.
Key Figures
RSUs granted: 15,456 RSUs
Grant price: $0.0000 per share
Holdings after grant: 86,046 shares/RSUs
+1 more
4 metrics
RSUs granted
15,456 RSUs
Annual equity grant to non-employee director on June 3, 2026
Grant price
$0.0000 per share
Reported transaction price for RSU award
Holdings after grant
86,046 shares/RSUs
Total Class A Common Stock position following the transaction
RSU-to-share ratio
1 RSU = 1 share
Each RSU represents one share of Class A Common Stock
Key Terms
restricted stock units ("RSUs"), Non-Employee Director Compensation Program, annual equity grant, contingent right
4 terms
restricted stock units ("RSUs") financial
"These restricted stock units ("RSUs") represent the Reporting Person's annual equity grant"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director Compensation Program financial
"pursuant to the Issuer's Non-Employee Director Compensation Program and were granted automatically"
annual equity grant financial
"represent the Reporting Person's annual equity grant pursuant to the Issuer's Non-Employee Director Compensation Program"
contingent right financial
"each representing a contingent right to receive one share of the Issuer's Class A Common Stock"
FAQ
What did FIGS director Mario Jesus Marte report in this Form 4 filing for FIGS?
Mario Jesus Marte reported receiving 15,456 restricted stock units as an annual equity grant. Each RSU represents one share of FIGS Class A Common Stock, awarded under the Non-Employee Director Compensation Program at no cash cost per share.
What are the vesting terms of the 15,456 RSUs granted to the FIGS director?
The 15,456 RSUs vest in full on the earlier of the one-year anniversary of June 3, 2026 or the next annual stockholder meeting after that date. Vesting is conditioned on Marte’s continued service as a director through the applicable vesting date.
Was cash paid for the 15,456 RSUs reported in the FIGS Form 4?
No cash was paid for these 15,456 RSUs, as indicated by the $0.0000 price per share. The RSUs are a compensation-based equity award granted automatically under the FIGS Non-Employee Director Compensation Program.
What does each RSU in the FIGS grant to Mario Jesus Marte represent?
Each of the 15,456 RSUs represents a contingent right to receive one share of FIGS Class A Common Stock. Delivery of the underlying shares depends on satisfying the vesting conditions tied to continued service as a non-employee director.